Via Mark Hemingway of The Weekly Standard, it has been revealed that the Department of Energy went ahead and approved $1 billion in new loans to green energy companies — including a $737 million loan guarantee to a company known as SolarReserve.
DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve.
The city now has more than 40,000 unemployed residents, 11 million square feet of vacant office space and. He also discussed plans for a daily, around-the-clock version of Project Homeless Connect.
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$737 million in green-tech loan to company connected to Pelosi family? – Hot Air. hotair.com $737 million in green-tech loan to company connected to Pelosi family? Posted by Gene at 10:00 AM. Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest.
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Even as government financed "green energy" pioneer Solyndra was failing, the Obama administration approved an additional $1 Billion in loans to similar green energy projects. A whopping 737 million of that money went to the Crescent Dunes project situated in Tonopah, Nevada, to finance a 110-megawatt desert solar power plant.
Solar firm linked to pelosi family receives 7 million from the Obama admin.. energy companies looking to unshackle the death-grip of oil companies on our energy use and government are some connected. If you take that money out of the company to "loan" to the Subway to get started then.
· A Bundle O’ Scandal. A report out late last week indicated that the Obama administration made a $529 million loan to an electric car company that is now building cars overseas in Finland. Surprise, surprise: the company is politically well-connected in the Democrat party: ELECTRIC car company takes $529 MILLION TAXPAYER LOAN,
Obama Gives $737 Million Dollar Loan To Solar Company Connected To Nancy Pelosi’s Brother In Law. Funny how we don’t hear Nancy talking about a Washington “culture of corruption” any more
The decision to guarantee $737 million comes hard on the heels of the loss of more than $500 million of government money due to the bankruptcy of solar panel company Solyndra. The new grant went to Tonopah Solar Energy, a subsidiary of SolarReserve, which started building Crescent Dunes, a massive solar-thermal plant in.